As measured by the iShares Latin America 40 ETF (ILF) , the region is handily beating the S&P 500 year to date, up 15% compared to the S&P's 11% move. It's up more than 70% since late 2024. In a new report from Citi, Chief Latin America Economist Ernesto Revilla answers with a qualified yes — only if the countries seize the moment. "Latin America is poised for take-off. Or to be more precise: the conditions for Latin America to achieve a higher rate of growth are the best they have been in decades, and it is time to capitalize on the opportunity," wrote Revilla.
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